Editor's PiCK
James Howells, 10-Year Search Ends... 8,000 Bitcoins Effectively Burned Forever
Uk Jin
Summary
- Bitcoin Archive announced that the search for the hard drive containing 8,000 Bitcoins owned by James Howells has ended.
- The Bitcoins are estimated to be worth about $920,000,000 and have been effectively burned forever.
- UK authorities revealed that since they plan to close the landfill site next year and construct a solar power plant, the possibility of retrieving the hard drive has disappeared completely.
8,000 Bitcoins (BTC) will remain forever buried in a landfill.
According to Bitcoin Archive on the 4th (KST), James Howells is ending the search for the hard drive containing 8,000 Bitcoins as of today.
As of 12:17 p.m. that day, Bitcoin was up 1.12% from the previous day at $114,712, bringing the value of the Bitcoins stored on the hard drive to about $920,000,000 (around ₩1.3 trillion).
Howells accidentally threw away the hard drive in 2013 at Docks Way Landfill in Newport, Wales, United Kingdom. Over the past 10 years, he requested the city council of Newport to retrieve the hard drive, but reportedly was ignored.
UK authorities plan to close the site next year and build a solar power plant.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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